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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

1. Which of the following best defines a legally enforceable contract?

A) Agreement, consideration, contractual capacity, and the mandatory requirement that the object of the contract is lawful
B) Agreement, consideration, and the mandatory requirement that only one of the parties is required to be rational and sane
C) Consideration without the mandatory requirement of mutual assent by the parties of the offer and acceptance
D) Agreement, consideration, and the mandatory inclusion of gift promises and moral obligations

2. To exchange one currency for another in international transactions, companies rely on a mechanism called the

A) Eurocurrency market
B) international equity market
C) international bond market
D) foreign exchange market

3. If $500 were placed in a savings account that pays 2.5% simple interest each year, how much interest would be earned in five years?

A) $625
B) $62.50
C) $6,250
D) $12.50

4. Which of the following types of statements is referred to as a picture of a company in the future?

A) Closing statement
B) Mission statement
C) Value statement
D) Vision statement

5. A student is daydreaming about weekend plans instead of listening to a lesson. When the teacher calls upon the student to answer a question, the student cannot recall the content taught. Which of the following types of communication barriers is primarily affecting the student's listening ability?

A) Physical
B) Internal
C) External
D) Attitudinal

Solutions: